£119,437
This estimated value is based upon the latest sale price for the house of £120,000 on 23 Jan 2023. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £120,000 | 23 Jan 2023 |
| £154,500 | 8 Dec 2010 |
| £70,500 | 23 Jul 1999 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 671 sq feet |
This model uses changes in the Official Land Registry House Price Index for GLOUCESTERSHIRE to estimate the market value.
When this house was purchased in January 2023 the House Price Index for GLOUCESTERSHIRE was 149.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.469%.Applying this -0.469% change to the original purchase price of £120,000 results in an estimated price of approximately £119,437.
| 23 Jan 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 148.6 | -0.469 % | £120,000 | £-562 | £119,437 |
The Postcode Pricing Model uses changes in average sales price within the GL7 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -28.087 % | £-33,704 | £86,295 |
| 3 Month Average | -23.207 % | £-27,848 | £92,151 |
| 6 Month Average | -10.773 % | £-12,927 | £107,072 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £274,808 | £270,000 | 16 HANSTONE CLOSE |
| 21 Jul 2023 | £314,229 | £310,000 | 32 MICHAELS MEAD |
| 23 Jan 2023 | £119,437 | £120,000 | 17 MICHAELS MEAD |
| 21 Jul 2022 | £236,637 | £236,000 | 23 MICHAELS MEAD |
| 18 Feb 2022 | £414,234 | £395,000 | 45 BOWLY ROAD |
This house has a floor area of 62 sq meters or 671 sq feet when measured on 20 Oct 2008. Using an estimated price of £119,437 means this house is valued at £1,914 per sq meter (£177 per sq foot).
The average size of a house on MICHAELS MEAD is 81 sq meters (876 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Michaels Mead | |
| Jan 2024 | Anti-social behaviour | On or near Michaels Mead | |
| Jan 2024 | Anti-social behaviour | On or near Michaels Mead | |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Michaels Mead |
| Mar 2024 | Anti-social behaviour | On or near Hanstone Close |